register | confirm account | forgot password
Derek Hulewicz
12650-151 Avenue, Edmonton, Alberta
P: 780-220-4224
F: 780-457-2194

Saturday, July 3, 2010 - Downtown Edmonton Real Estate

Downtown real estate market has cooled in June!

The average selling price for condos is down while inventory is climbing towards last year's numbers and the amount of sales has decreased substantially. The market is obviously just as unpredictable this year as the World Cup - can you believe Brazil is out, Netherlands is in, and Argentina just got a royal "butt kicking" this morning?!? But I digress...


56 condos have sold through the MLS® System in Oliver and Downtown in June of 2010, that is 14% less than last month and 43% less than in June of 2009, ranging in price from 113,000 to 805,000. The price per square foot was down by 4.5 percent and 4 % higher compared to June of last year. The average selling price was 270,711 / 296 per sq.foot and list price 282.278 / 308. The inventory was up from 353 condos to 360, with 322 condos available under 500K. Current days on market have increased to 50 from 55 days and sold to list price ratio stands at 96%, same as last month.

More information and graphs at Downtown Edmonton Real Estate Blog

posted in Edmonton Real Estate Market Update at Sat, 03 Jul 2010 17:24:31 +0000

MLS® Search Button
Button advertising your MLS® Search page
Map-based MLS® Search
Feature Listings Button
Button advertising your Feature Listings
Feature Listings
Home Evaluation Button
Button advertising your home evaluation feature
Home Evaluation
Data last Updated: 2020-07-03 at 20:24:52 GMT America/Edmonton
This site's content is the responsibility of Derek Hulewicz, licensed REALTOR® in the Province of Alberta.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2020, All Rights Reserved | Privacy Policy | Mobile Site | REALTOR® Websites by RealPageMaker